Positioned on the first floor of the Lakelands Business Centre, this fully refurbished commercial suite of approximately 101sqm presents an exciting opportunity to enter a quiet precinct occupied by a range of specialist businesses, allied health practitioners and a take-away shop.
Ideal for the astute investor or SMSF with an investment yield of 6.8% net p.a., the suite is leased to a first-class tenant until 30/6/20, paying current rent of $ 27,272 + outgoings + GST per annum.
The size of Lakelands is approximately 0.8 square kilometres. It has 4 parks covering nearly 23.6% of total area. The population of Lakelands in 2011 was 1,506 people. By 2016 the population was 1,423 showing a population decline of 5.5% in the area during that time. The predominant age group in Lakelands is 50-59 years. Households in Lakelands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakelands work in a professional occupation. In 2011, 88.1% of the homes in Lakelands were owner-occupied compared with 86.7% in 2016.
Lakelands has 549 properties. Over the last 5 years, Houses in Lakelands have seen a 65.45% increase in median value, while Units have seen a 57.52% increase. As at 31 October 2024:
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